Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. Economics can generally divided into microeconomics, which focuses on the behavior of individual consumers and producers, and macroeconomics, which examine overall economies on a regional, national, or international scale. Economics and accounting research includes research and study of the principles, theories, along with their application and subsequent societal impacts of current trends and adept methodology in financial accounting, auditing, tax accounting, political economy, microeconomics, macroeconomics, applied economics, heterodox economics, and economic imperialism.